Bendix CVS divests
fan drive business

Jan 19, 2010 2:44 PM

Bendix Commercial Vehicle Systems LLC (Bendix CVS), a member of the Knorr-Bremse Group, has completed the sale of its fan drive/clutch business and related assets to Kit Masters Inc for an undisclosed amount. 

Kit Masters, a Perham MN-based manufacturer of heavy-duty aftermarket components, specializes in remanufactured fan drives, rebuild kits, and related accessories.

The transaction—which closed Dec 21, 2009—immediately divests the assets associated with the Bendix fan drive operations to become a part of the Kit Masters product offering. Kit Masters will manufacture, distribute, and sell fan drive products under the existing Torquemaster, FD-1, FD-3, and FD-L brand names.

This divestiture will provide Bendix CVS the opportunity to continue its increased focus on expanding system solutions in the areas of energy management, specifically fuel savings and emission-reducing technologies for diesel-powered commercial vehicles.

Reprints and Licensing
© 2013 Penton Media Inc.

Acceptable Use Policy
blog comments powered by Disqus







Directories

Newsletter

Events

Visit Our Directories

Access our growing list of guides and directories:

· Refrigeration Unit Repair Directory
· LTL Routing Guide
· Warehousing and Distribution Directory
· Gross Revenue Reports




Subscribe to our Newsletter

Refrigerated Transporter’s Business Picture is a weekly update of news and trends in refrigerated transportation and logistics.

Check out our calendar

Come here to see upcoming events in the Refrigerated Transport Industry. Mark your calendars early!

Search 2.5+ million listings
Browse Back Issues